It would prevent the independence we had dreamed of, and then, squatting on fiber optic lines and around satellite ground stations, it would go on to mass intercept the information flow of our new world – its very essence even as every human, economic, and political relationship embraced it.The state would leech into the veins and arteries of our new societies, gobbling up every relationship expressed or communicated, every web page read, every message sent and every thought googled, and then store this knowledge, billions of interceptions a day, undreamed of power, in vast top secret warehouses, forever.See our list of destinations and their services Where applicable, you’ll be able to track your item via our Track your item service.
One solution is to centralize transactions: if you overdraw your bank account with 2 checks, the bank will choose one to bounce and one to honor. An electronic currency like Paypal processes each transaction in realtime, so you cannot log into your Paypal account in 2 browsers and send your entire balance to 2 different people.
With centralization, there is someone or something which which of the 2 conflicting transactions will become the real transaction.
It would go on to mine and mine again this treasure, the collective private intellectual output of humanity, with ever more sophisticated search and pattern finding algorithms, enriching the treasure and maximizing the power imbalance between interceptors and the world of interceptees. A hope that with courage, insight and solidarity we could use to resist.
And then the state would reflect what it had learned back into the physical world, to start wars, to target drones, to manipulate UN committees and trade deals, and to do favors for its vast connected network of industries, insiders and cronies. A strange property of the physical universe that we live in. It is easier to encrypt information than it is to decrypt it.
around the time of Gox seizures in May 2013, although this turnover seems too high given other monthly estimates.
Another way is to look in the blockchain for SR-related addresses or transactions; one possible address had a 23 June 2012 balance of ฿450,825 or ,885,280.
On 9 April 2013, a single transaction of ฿69471 was made by the address (non-Tor mirror); informed 2011 opinion seemed to be that it is low-volume and stagnant, but it apparently has improved substantially and as of February 2013, has grown substantially with ~0k monthly turnover and begun to rival SR; with the fall of SR, it attracted substantially more attention, some of which extracted the site’s source code and copied its database, leading BMR to shut down temporarily in 17 October 2013.), apparently started in early 2013 as well and going public in June; little has been said about it and its security is unknown, but it reportedly stole all user bitcoins starting somewhere around 4 November 2013.
There are 2 Russian competitors, group was a loose affiliation of cryptographic researchers and enthusiasts centered on the eponymous email list in the 1980s and 1990s who developed many novel ideas and approaches to communication, economics, and politics.
But states and their friends moved to control our new world – by controlling its physical underpinnings.
The state, like an army around an oil well, or a customs agent extracting bribes at the border, would soon learn to leverage its control of physical space to gain control over our platonic realm.
The ideal cypherpunk system is self-enforcing, self-regulating, and cannot be attacked directly by outsiders because they do not know where it is or how to affect it.